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REC Silicon ASA (RNWEY)

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0.87500.0000 (0.00%)
At close: 02:03PM EDT

REC Silicon ASA

Lysaker Torg 5
3rd Floor PO Box 63
Lysaker 1324
Norway
47 40 72 40 86
https://www.recsilicon.com

Sector(s)Technology
IndustrySemiconductor Equipment & Materials
Full-time employees495

Key executives

NameTitlePayExercisedYear born
Mr. William Kurtis LevensPresident & CEO945.71kN/AN/A
Mr. Jeong Ryul YunChief Financial Officer444.46kN/AN/A
Mr. Dongjin JungChief Strategy Officer221.39kN/AN/A
Mr. Jeff JohnsonVice President of Moses Lake OperationsN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

REC Silicon ASA, together with its subsidiaries, produces and sells silicon materials for the solar and electronics industries worldwide. It offers various Signature Silane gas, a pure form of silicon that produces product for fuel industries comprising specialty gases, including Dichlorosilane, Monochlorosilane, and Disilane for use in the manufacturing processes of flat panel displays, semiconductors, and solar cells; solar grade polysilicon, including NextSi used for multi crystalline and monocrystalline solar ingot and wafer production in the manufacturing of solar modules; and electronic grade polysilicon consisting of float zone-based devices are used in motor control and power conversion processes for hybrid and electric vehicles, wind energy, and high voltage transmission, 5G communications, high-speed trains, internet of things, and big data, as well as Czochralski for manufacturing of semiconductor wafers used in memory processors, optics, and micro electromechanical systems. The company was formerly known as Renewable Energy Corporation ASA and changed its name to REC Silicon ASA in October 2013. REC Silicon ASA was founded in 1996 and is headquartered in Lysaker, Norway.

Corporate governance

REC Silicon ASA’s ISS governance QualityScore as of 1 March 2024 is 6. The pillar scores are Audit: 3; Board: 8; Shareholder rights: 4; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.